Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Norway - 2023

Contents:

1. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Norway (CIF) - 2022
2. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Norway (FOB) - 2022
3. Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Norway
4. Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Norway

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Norway (CIF) - 2022

In 2022, the average import price for generators amounted to $1,811 per unit, remaining stable against the previous year. In general, the import price saw a noticeable expansion. The pace of growth was the most pronounced in 2013 an increase of 201% against the previous year. The import price peaked at $3,817 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($13,080 per unit), while the price for Hungary ($292 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+39.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Norway (FOB) - 2022

The average export price for generators stood at $9,036 per unit in 2022, waning by -11.6% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for generators increased by +44.9% against 2018 indices. The growth pace was the most rapid in 2013 when the average export price increased by 49%. The export price peaked at $10,223 per unit in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($40,942 per unit), while the average price for exports to Sweden ($2,970 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+39.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Norway

In 2022, overseas purchases of generators decreased by -16.4% to 2.9K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of 9.6%. As a result, imports reached the peak of 3.5K units, and then plummeted in the following year.

In value terms, imports of generators fell sharply to $5.3M in 2022. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. Imports peaked at $7.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to Norway in 2022:

1. China (1257.0 units)
2. Germany (319.0 units)
3. Sweden (279.0 units)
4. Italy (255.0 units)
5. United States (124.0 units)
6. United Kingdom (96.0 units)
7. Netherlands (75.0 units)
8. France (71.0 units)
9. Denmark (67.0 units)
10. Switzerland (63.0 units)
11. Finland (55.0 units)
12. Poland (47.0 units)
13. Hungary (46.0 units)

Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Norway

In 2022, approx. 239 units of generators were exported from Norway; with a decrease of -6.3% on 2021 figures. In general, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 116%. As a result, the exports reached the peak of 255 units, and then fell in the following year.

In value terms, exports of generators fell remarkably to $2.2M in 2022. Over the period under review, exports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 157%. As a result, the exports attained the peak of $2.6M, and then declined remarkably in the following year.

Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from Norway in 2022:

1. Sweden (75.0 units)
2. Denmark (68.0 units)
3. Canada (41.0 units)
4. United States (13.0 units)
5. Spain (11.0 units)
6. United Kingdom (8.0 units)
7. Romania (5.0 units)
8. Brazil (1.0 units)
9. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform